Monday 6 June 2016

Just Business Law



Just Business Law



Islam allows trade,partnership and all typed of business that deal with the people, including assets, loans and beneficiaries etc.


A perfect system has been developed for people including the necessities , requirements and luxuries. It gives people ample opportunities to improve their condition and status as well as the stability of their standard of living.
Islam has laid certain conditions for making such dealings permissible. For example, satisfaction from both parties involved, preparing contracts with mutual consent,being acquainted with the terms and conditions of the contract.Additionally, Islam prohibits any kind of business involving injustice and harm, such as gambling, interest or usury, etc.

Allah says: "Those who eat riba will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitan leading him to insanity.That is because they say:'Trading is only like Riba.'Whereas Allah has permitted trading and forbidden Riba.So whosoever receives an admonition from his Lord and stops eating Riba, shall not be punished for the past; his case is for Allah(to judge); but whoever returns(to Riba), such are the dwellers of the Fire-they will abide therein.Allah will destroy Riba and will give increase for Sadaqat(deeds of charity,alms).And Allah likes not the disbelievers,sinners." [2:275]

So, whoever contemplates about transactions according to the Shari'ah, he will see its correlation to the welfare of religious and worldly matters, and it will testify to Allah's ample mercy and perfect wisdom, since He has allowed His worshippers all of the good things, transactions , food and drink.

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